FIFA’s Ethics Committee Suspended FIFA President Sepp Blatter and European soccer boss,one of the finest players of his generation Michel Platini for eight years on Monday.
The judge was quoted saying: “The proceedings against Mr Blatter primarily related to a payment of CHF 2,000,000 transferred in February 2011 from FIFA to Mr Platini. Mr Blatter, in his position as President of FIFA, authorised the payment to Mr Platini which had no legal basis in the written agreement signed between both officials on 25 August 1999. Neither in his written statement nor in his personal hearing was Mr Blatter able to demonstrate another legal basis for this payment. His assertion of an oral agreement was determined as not convincing and was rejected by the chamber.” ”
During an invistigation into 2 million Swiss franc ($2.02 million) payment by FIFA to Platini in 2011. The pair, had been suspended for 90 days in October.
It is the Swiss attorney general’s decision to open criminal proceedings against Blatter over the payment to Platini. The office is also investigating the award of the 2018 and 2022 World Cup finals to Russia and Qatar.
Nearly 27 current or former soccer officials, including eight former FIFA executive committee members, have been pointed out over allegations that they ran bribery schemes connected to the sale of television rights for soccer competitions. By the prosecutors United States.
Twelve people and two sports marketing companies have been found guilty.